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TXNM Energy Amends Mortgage Indenture with Bondholder Consent

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TXNM Energy Amends Mortgage Indenture with Bondholder Consent

Meet Your ETF AI Analyst

TXNM Energy ( (TXNM) ) has shared an announcement.

On November 6, 2025, TNMP, a subsidiary of TXNM Energy, entered into the Twenty-Fifth Supplemental Indenture to amend various sections of its First Mortgage Indenture. These amendments include changes to financial reporting requirements, the definition of change in control, and the incorporation of a covenant for financial statement availability. TNMP secured the necessary consents from bondholders to proceed with these amendments, which may impact its operational transparency and stakeholder relations.

The most recent analyst rating on (TXNM) stock is a Hold with a $61.25 price target. To see the full list of analyst forecasts on TXNM Energy stock, see the TXNM Stock Forecast page.

Spark’s Take on TXNM Stock

According to Spark, TipRanks’ AI Analyst, TXNM is a Neutral.

TXNM Energy’s overall score is driven by strong corporate events, including the Blackstone acquisition approval and strategic bond issuance. Financial performance shows robust revenue growth but is offset by high leverage and cash flow challenges. Technical analysis indicates a positive trend, while valuation remains a concern due to a high P/E ratio.

To see Spark’s full report on TXNM stock, click here.

More about TXNM Energy

TXNM Energy, Inc. operates in the energy sector through its subsidiary, Texas-New Mexico Power Company (TNMP), which focuses on providing electrical power services.

Average Trading Volume: 880,173

Technical Sentiment Signal: Buy

Current Market Cap: $6.2B

For detailed information about TXNM stock, go to TipRanks’ Stock Analysis page.

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